Giant Company Managing $5.6 Billion Profits Most from These 4 Altcoins in Its Crypto Fund
According to analysis, the company, which has been in the cryptocurrency industry for a long time, reported the highest profit among the 4 altcoins in the last quarter.
Pantera Capital's Liquid Token Fund, valued at approximately $300 million, reported a 66% profit in the first quarter. The fund's performance was primarily driven by the altcoins Solana (SOL), Ribbon Finance (RBN), Aevo and Stacks (STX).
The fund has significantly reduced its exposure to Ethereum-linked tokens, considering factors such as the reduced likelihood of the United States approving a spot Ethereum ETF.
